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Musk raises $9b for ‘anti-woke’ AI company

Paul Smith
Paul SmithTechnology editor

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Elon Musk’s artificial intelligence company xAI has raised $US6 billion ($9.3 billion) in a funding round that takes the amount it has raised since it was founded in July last year to $US12 billion, as it looks to keep up the pressure on rivals like OpenAI, which Mr Musk co-founded.

The company and Mr Musk are yet to comment on the funding, but details of it are included in a new filing with the US Securities and Exchange Commission.

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Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com

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    Original URL: https://www.afr.com/technology/musk-raises-9b-for-anti-woke-ai-company-20241206-p5kwby